SOLD
Sold on 10 Feb 2024 for $627,500

4/49 Patterson Street
Middle Park VIC 3206

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 802m2
Sold By
Marshall White Team One
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Property Details for 4/49 Patterson St, Middle Park

4/49 Patterson St, Middle Park is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 802m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Middle Park in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
71m2
Land Size
802m2
Local Government
Port Phillip
Lot/Plan
17/RP1770

Last Listing description (February 2024)

Just a block from the golden sands of Middle Park beach and metres from city-bound transport, great cafes, bars and Albert Park Lake, this bright two bedroom apartment could be a life-changing opportunity for new market entrants in one of Melbourne's most exclusive lifestyle precincts. Set on the first floor and oriented to embrace fresh summer sea breezes, this attractive home is comfortably livable while offering rewarding scope to introduce some of your own flair if and when you choose.
Freshly painted and sparkling white, the kitchen / meals sits removed from a lounge / dining that receives those wonderful breezes, while each of the bedrooms has been appointed with built-in robe storage. Accessed securely via intercom entry, the apartment is one of only eleven and also features a large bathroom / laundry with a bathtub, independent shower and separate wc, there is split system air conditioning and the coveted prize of rear carport parking.
Here, in one of Middle Park's most sought-after streets, the tranquility of a bayside life is married brilliantly with the village-like charms of Middle Park and the sophistication of Fitzroy Street as well as effortless city commuting via trams or light-rail.

Property History for 4/49 Patterson St, Middle Park, VIC 3206

A timeline of how this property has performed in the market
Last Sold
$627,500
10 Feb 2024
Listed for Rent
$390/w
04 Jan 2016
  • 10 Feb 2024
    Sold for $627,500
  • 17 Jan 2024
    Listed for Sale Contact Agent
  • 17 Nov 2015
    Listed for Rent - Price not available
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About Middle Park 3206

The size of Middle Park is approximately 0.9 square kilometres. It has 4 parks covering nearly 8.1% of total area. The population of Middle Park in 2011 was 4,058 people. By 2016 the population was 4,152 showing a population growth of 2.3% in the area during that time. The predominant age group in Middle Park is 40-49 years. Households in Middle Park are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Middle Park work in a professional occupation. In 2011, 61.7% of the homes in Middle Park were owner-occupied compared with 63.4% in 2016.

Middle Park has 2,169 properties. Over the last 5 years, Houses in Middle Park have seen a -1.72% decrease in median value, while Units have seen a 4.36% increase. As at 31 October 2024:

  • The median value for Houses in Middle Park is $2,592,777 while the median value for Units is $815,942.
  • Houses have a median rent of $900 while Units have a median rent of $600.
There are currently 2 properties listed for sale, and 2 properties listed for rent in Middle park on OnTheHouse. According to CoreLogic's data, 77 properties were sold in the past 12 months in Middle park.

Suburb Insights for Middle Park 3206

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.